SHE:300688 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	245.5	254.03	340.92	406.01	443.11	494.92
Short-Term Investments	-	-	-	-	50	-
Cash & Short-Term Investments	245.5	254.03	340.92	406.01	493.11	494.92
Cash Growth	-22.27%	-25.49%	-16.03%	-17.66%	-0.37%	68.43%
Accounts Receivable	4.92	10.38	27.63	58.39	38.17	99.59
Other Receivables	39.57	39.58	4.37	10.04	6.91	6.61
Receivables	44.49	49.96	32	68.43	45.08	106.19
Prepaid Expenses	-	1.1	1.98	1.82	2.36	0.4
Other Current Assets	17.95	11.5	11.94	16.43	9.39	10.67
Total Current Assets	307.94	316.59	386.84	492.69	549.94	612.18
Property, Plant & Equipment	6.69	7.68	15.4	18.52	30.86	19.48
Long-Term Investments	119.19	159.05	154.68	154.22	120.84	94.36
Other Intangible Assets	4.39	5.9	26.53	37.95	21.14	21.38
Long-Term Accounts Receivable	-	1.68	26.51	31.49	46.66	-
Long-Term Deferred Tax Assets	6.33	6.33	23.66	17.59	9.59	4.17
Long-Term Deferred Charges	0.25	0.28	2.69	8.81	24.48	14.33
Other Long-Term Assets	33.39	-	-	-	-	-
Total Assets	478.19	497.52	636.3	761.28	803.51	765.9
Accounts Payable	30.8	32.83	53.52	43.64	32.97	25.86
Accrued Expenses	10.02	22.14	30.05	34.1	34.85	40.39
Current Portion of Leases	-	3.17	11	12.87	14.73	-
Current Income Taxes Payable	4.59	1.95	2.79	1.71	1.23	5.42
Current Unearned Revenue	65.15	67.86	84.81	91.04	117.76	95.01
Other Current Liabilities	17.25	16.1	13.43	12.98	16.81	11.87
Total Current Liabilities	130.88	144.05	195.6	196.35	218.35	178.55
Long-Term Leases	2.58	3.37	7.22	5.76	16.5	15.35
Long-Term Unearned Revenue	0.1	0.1	6	-	-	-
Long-Term Deferred Tax Liabilities	0.13	0.13	1.84	2.24	2.92	-
Total Liabilities	133.69	147.66	210.66	204.36	237.78	193.9
Common Stock	167.38	167.38	167.38	167.38	167.38	109.21
Additional Paid-In Capital	355.57	354.59	357.87	357.51	390.12	378.91
Retained Earnings	-141.06	-136.58	-86.46	19.92	11.51	106.43
Treasury Stock	-15.1	-15.1	-15.1	-	-	-
Comprehensive Income & Other	-0.19	-0.12	-0.01	-0.12	-	-
Total Common Equity	366.61	370.17	423.69	544.7	569.01	594.56
Minority Interest	-22.11	-20.31	1.96	12.23	-3.28	-22.55
Shareholders' Equity	344.5	349.86	425.64	556.92	565.73	572.01
Total Liabilities & Equity	478.19	497.52	636.3	761.28	803.51	765.9
Total Debt	5.66	6.54	18.21	18.63	31.23	15.35
Net Cash (Debt)	239.85	247.49	322.71	387.38	461.87	479.58
Net Cash Growth	-21.39%	-23.31%	-16.69%	-16.13%	-3.69%	63.21%
Net Cash Per Share	1.38	1.51	1.99	2.41	2.77	2.94
Filing Date Shares Outstanding	149.2	166.76	166.76	167.38	167.38	163.81
Total Common Shares Outstanding	149.2	166.76	166.76	167.38	167.38	163.81
Working Capital	177.07	172.54	191.24	296.34	331.59	433.63
Book Value Per Share	2.46	2.22	2.54	3.25	3.40	3.63
Tangible Book Value	362.22	364.27	397.16	506.74	547.87	573.18
Tangible Book Value Per Share	2.43	2.18	2.38	3.03	3.27	3.50
Machinery	-	6.31	8.42	9.2	10.47	10.03

Source: S&P Global Market Intelligence. Standard template. Financial Sources.